Spread Loan definition

Spread Loan means a Committed Euro-Dollar Loan, a Committed Alternate Currency Loan or a Money Market Margin Auction Loan. “Subsidiary” means a Corporation more than 50% of the Voting Stock of which is owned or controlled, directly or indirectly, by the

Examples of Spread Loan in a sentence

  • The loan is a Fixed Spread Loan (FSL) with level repayments, starting on 15 March 2019, and a 24 year total repayment term.

  • MASEN, following discussions with the Ministry of Finance and because of the project structuring ( on-lending to SPC), has selected a Fixed Spread Loan, 80% in Euro and 20% in U.S. Dollars, linked to commitment with a 30 year maturity and 5.5 years of grace period, with level repayment.

  • The Government has confirmed that Indonesia will borrow this amount as a Variable Spread Loan (VSL) in US dollar currency with an annuity repayment schedule linked to commitments.

  • The Fixed Spread Loan product has been suspended as of April 15, 2021, provided that such suspension shall not affect loans that comply with the following conditions: (i) the invitation to Negotiate is issued on or before April 15, 2021; and (ii) the loan is approved on or before September 30, 2021.

  • The loans have a final maturity of 7 years, including a grace period of 2 years and 6 months, and is made on standard Fixed Spread Loan terms for sovereign-backed loans with the corresponding average maturity.

  • The loan is a Fixed Spread Loan (FSL) with level repayments, starting on 1 March 2019, and a 24 year total repayment term.

  • The lending terms call for a Variable Spread Loan (VSL) in US Dollars with a 24.5 year repayment and a 9 year grace period.

  • The Borrower has selected a Variable Spread Loan (VSL), to borrow an amount equal to US$300 million on IBRD terms, with a 5 year grace period and a maturity of 18 years.

  • Example problems with getting the Kaltex-based large tow through the pultrusion process.

  • Acceptable evidence exists to establish that it was received at the subrecipient’s facility designated for receipt of bids and was under the subrecipient’s control prior to the time set for receipt of bids.

Related to Spread Loan

  • CD Loan means (i) a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election or (ii) an overdue amount which was a CD Loan immediately before it became overdue.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • ARD Loan Any Mortgage Loan that provides that if the unamortized principal balance thereof is not repaid on its Anticipated Repayment Date, such Mortgage Loan will accrue Additional Interest at the rate specified in the related Mortgage Note and the Mortgagor is required to apply excess monthly cash flow generated by the related Mortgaged Property to the repayment of the outstanding principal balance on such Mortgage Loan.

  • Fixed Rate Mortgage Loan A fixed rate mortgage loan purchased pursuant to this Agreement.

  • Refinancing Mortgage Loan Any Mortgage Loan originated in connection with the refinancing of an existing mortgage loan.

  • Refinanced Mortgage Loan A Mortgage Loan the proceeds of which were not used to purchase the related Mortgaged Property.

  • Adjustable Rate Mortgage Loan A Mortgage Loan serviced pursuant to this Agreement under which the Mortgage Interest Rate is adjusted from time to time in accordance with the terms and provisions of the related Mortgage Note.

  • LPMI Loan A Mortgage Loan with a LPMI Policy.

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Buydown Mortgage Loan Any Mortgage Loan as to which a specified amount of interest is paid out of related Buydown Funds in accordance with a related buydown agreement.

  • Related Loan means any loan or extension of credit to an Obligor of a Shared-Loss Loan held by the Assuming Institution at any time on or prior to the end of the Final Shared-Loss Month.

  • Mortgage Loan Rate means, as of any date of determination, the weighted average of the Note A Rate and the Note B Rate.

  • Outstanding Mortgage Loan As of any Due Date, a Mortgage Loan with a Stated Principal Balance greater than zero which was not the subject of a Principal Prepayment in Full prior to such Due Date and which did not become a Liquidated Mortgage Loan prior to such Due Date.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Buydown Loan A Mortgage Loan for which the Mortgage Interest Rate has been subsidized through a Buydown Fund provided at the time of origination of such Mortgage Loan.

  • Mortgage Loan shall have the meaning assigned to such term in the recitals.

  • PPP Loan has the meaning set forth in Section 3.28.

  • Serviced Loan A Serviced Mortgage Loan or Serviced Companion Loan.

  • MERS Eligible Mortgage Loan Any Mortgage Loan that has been designated by the Servicer as recordable in the name of MERS.

  • Servicing Rate means 1.00% per annum.

  • Wet-Ink Mortgage Loan means a Mortgage Loan which any Seller is selling to Buyer simultaneously with the origination thereof and for which the Mortgage Loan Documents have not been delivered to the Custodian.